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The Ladder System | Foreign Exchange EA Download- MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |
I'm working on developing a new system EA based on the ladder concept. This means that new transactions can be added in user-definable steps as long as the previous transactions are not stalled. All trades will have a unified Stop Loss (SL) that changes with each new ladder step, and all orders will have a final profit target.

System advantages:

  1. Limited low risk (always fixed = initial risk)
  2. Get very high rewards based on the number of ladders and final profit target

Since every trader has their own input system, my query is:

Should I include the first entry in the EA according to some strategy,
Alternatively, I have the user open the first order and build the ladder form there.

Your comments are welcome



Khalil Abkewiak​
Version control :

  1. The Simplest Version 01: Ladder System EA_v01 Date November 9, 2014 Post #26
  2. User’s First Order: Ladder System EA_UFO Date November 16, 2014 Post #63

Member Wish List:

  1. Ahmad29: Let users keep their first order open because then all traders can start building ladders based on their concept or strategy

  2. Emmanuel 7788: Initial stop loss using ADR, position size calculated using capital percentage
  3. Emmanuel 7788: Each subsequent additional position is half the initial trade
  4. Emmanuel7788: There are different options for trailing stop loss


My translation of the membership wish list:

  1. Added option to enter first order manually or automatically via system built-in strategy
  2. first order risk percentage
  3. Variable lot size for new orders
  4. Trailing stop option (different from initial stop). This is important because we want to keep the initial stop small until the trend is clear, and then we can use a wider trailing stop to trail run profit orders and let the trend breathe.

LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png
LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png
LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png
LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png
LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png
LS_01.JPGLS_Gold_Test.JPGLS_01.JPGladder bug.png

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